Nuclear Fuel Market: Sput-Weighted Spot Price Slips Lower

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The uranium price dipped again for the fourth consecutive week since Sprott's Uranium Trust (Sput) began frequently trading below its net asset value (NAV), limiting the company's ability to sell units to raise cash to buy more uranium. Sput's outsized influence on the market is further demonstrated by the fact that the price is sagging even as more buyers show interest in buying up term volumes.

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